WINDSOR BROKERS 2025 Review: Everything You Need to Know
Windsor Brokers has established itself as a competitive player in the forex and CFD trading market since its inception in 1988. The broker offers a range of trading instruments and platforms, primarily known for its use of the popular MetaTrader 4 (MT4). While it has garnered positive feedback for its low minimum deposit requirements and range of educational resources, there are also notable concerns regarding customer service and withdrawal issues.
Note: It is important to recognize that Windsor Brokers operates through multiple entities across different jurisdictions, which can affect the services and regulations applicable to clients in various regions. This review aims to provide a fair and accurate assessment based on the latest available information.
Ratings Overview
How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and objective data regarding the broker's features and services.
Broker Overview
Founded in 1988, Windsor Brokers is headquartered in Limassol, Cyprus, and has expanded its operations to include entities regulated by the Cyprus Securities and Exchange Commission (CySEC), the International Financial Services Commission (IFSC) of Belize, and various other regional regulators. The broker primarily offers trading through the MetaTrader 4 platform, which is favored for its user-friendly interface and extensive analytical tools. Windsor Brokers provides access to a diverse range of trading instruments, including forex pairs, CFDs on commodities, indices, and shares.
Detailed Review
Regulatory Regions
Windsor Brokers operates under several regulatory bodies, including:
- CySEC (Cyprus): Offers robust investor protection mechanisms.
- IFSC (Belize): Provides a more lenient regulatory environment.
- FSA (Seychelles): Another offshore regulation.
- JSC (Jordan): Regulates the entity catering to clients in Jordan.
- CMA (Kenya): Regulates the broker's operations in Kenya.
Deposit and Withdrawal Options
Windsor Brokers supports various funding methods, including credit/debit cards, bank transfers, and e-wallets such as Skrill and Neteller. The minimum deposit to open an account is $50 for the Prime account and $2,500 for the Zero account. Withdrawals are generally processed quickly, but a fee of $3 is charged for credit/debit card withdrawals, while bank transfers may incur variable fees.
Windsor Brokers offers a welcome bonus of $30 for new clients upon registration, allowing them to explore the platform without financial risk. However, the terms and conditions attached to such bonuses can sometimes lead to confusion among users.
Tradable Asset Classes
The broker provides access to over 160 trading instruments, including:
- Forex: More than 44 currency pairs, including major, minor, and exotic pairs.
- CFDs: On commodities, indices, and shares.
- Metals: Gold and silver trading options.
- Energies: Including oil and natural gas.
Costs (Spreads, Fees, Commissions)
Windsor Brokers offers competitive spreads, starting from 0.0 pips on the Zero account and 1.0 pips on the Prime account. Commissions are charged on the Zero account at $8 per round turn, while the Prime account has no additional commissions. The broker does not levy inactivity fees, which is a strong point for casual traders.
Leverage
The maximum leverage offered varies based on the regulatory jurisdiction, with up to 1:1000 available for accounts outside the EU, while EU clients are limited to 1:30 due to ESMA regulations.
Windsor Brokers exclusively uses the MetaTrader 4 platform, which is available on desktop, mobile, and web versions. This platform supports automated trading through Expert Advisors (EAs) and provides a comprehensive suite of analytical tools.
Restricted Regions
Windsor Brokers does not accept clients from the United States, Japan, Belgium, and several other countries due to regulatory restrictions.
Available Customer Support Languages
Customer support is available in multiple languages, including English, Arabic, Chinese, French, and others, reflecting the broker's commitment to serving a diverse clientele.
Detailed Breakdown
Account Conditions
Windsor Brokers offers two primary account types: Prime and Zero. The Prime account is more suitable for beginners with a minimum deposit of $50, while the Zero account is designed for active traders requiring a higher initial investment of $2,500. Both account types have their respective advantages, with the Zero account offering tighter spreads.
The broker provides a variety of educational resources, including webinars, e-books, and market analysis. This educational support is particularly beneficial for novice traders looking to enhance their trading skills.
Customer Service and Support
Customer service ratings are mixed, with some users reporting issues with response times and the effectiveness of support. While the broker offers multiple channels for assistance, including live chat and email, there have been complaints regarding the quality of service received.
Trading Setup (Experience)
Users generally report a satisfactory trading experience with Windsor Brokers, particularly highlighting the efficiency of the MetaTrader 4 platform. However, some users have raised concerns about withdrawal difficulties, which could impact overall satisfaction.
Trustworthiness
Windsor Brokers is considered a reliable broker due to its regulatory oversight and negative balance protection. However, the mixed reviews regarding customer service and withdrawal issues may raise some concerns for potential traders.
User Experience
The overall user experience is rated positively, with users appreciating the low minimum deposit and the availability of demo accounts. However, the lack of certain features, such as guaranteed stop-loss orders and a wider variety of account types, may deter some traders.
In conclusion, Windsor Brokers presents a solid option for traders seeking a regulated broker with a variety of trading instruments and competitive pricing. However, potential clients should weigh the reported issues with customer service and withdrawals before making a commitment.
